February 18th 10pm
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Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Monday Evening  2-18-19  Part 2 of 2

Sam I Am   You've got it backwards, Dave .... the CBI is adding larger notes to the IQD, not small ones  the 50K note, for example
 
****  Sam I Am why don't go and safe those in casino like vegas?
 
Sam I Am  plans to add a 100K note
 
Sam I Am  when they do introduce lower denoms they will be in the currency series that replaces the IQD
 
Sparky  Sam I Am ... for the former glory of the currency in the middle East
Sparky  Shabibi
 
Sam I Am  Shabibi said that they would bring back the dinar through a redenomination, not a revaluation
 ...



Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Monday Evening  2-18-19  Part 1 of 2
 
Sparky  **** ie Maliki and the Iranian influence machine...vs Iraqi GOI...just words, no implementation
Sparky  When we took Saddam out, left a huge void for Iran
Sparky  To fill
Sparky  Like a vacuum
 
Sparky  Iraqi air force used to kick ass on Iran, back in the day...circa 1990
Sparky  Iranian Shiites, now there's the rub
 
Sparky  anyone who thinks that Maliki isn't still a shot caller should check his history... especially Isis in 2014 when he lost the election, and said that he would bring the wrath
 ...



TNT:

Sunny: [Delta]: Up to 25 Dinars can be imported and sums no greater than 5 Dinars can be exported out of the country.

Sunny: Delta's post over at KTFA has them thinking Iraq is hiding the fact they've already deleted the three zero's.

Dallred123: how long can they hide it?? that is the question

Sunny: How long do they want to hide it? I think Kuwait did it for 10 days after they RV'd. Maybe they did it longer.
....



Return To Sound Money: Echoes Of 1929 & The Threat To 'Unbacked' Currencies
 
by Tyler Durden

Mon, 02/18/2019 - 18:00

Authored by Alasdair Macleod via GoldMoney.com,

Introduction

There is an assumption in economic circles that when the general level of prices changes, it is always due to changes in supply and demand for goods and services. Prices change all the time, but without a change in the public’s preference for or against holding money and with all else being equal, the general level of prices simply cannot change.

Changes in the general level of prices are due to changes in the purchasing power of the money, which stems from the public’s preferences for or against it and do not emanate from goods and services.
....